Cardoso assumes office as CBN gov

Alade Abayomi ADeleke
Alade Abayomi ADeleke

By Wilson Adekumola

 

Dr. Olayemi Cardoso who has been nominated as the governor of the Central Bank of Nigeria by President Bola Tinubu has officially assumeed office on Friday.

 

This was made known in a statement by the Director, Corporate Communications at the CBN, Dr. Isa AbdulMumin noting that Cardoso assumed duty as the acting CBN governor pending confirmation by the Senate, who are currently on their annual recess.

 

It was also gathered that the deputy governor-designates have assumed office following the resignation of the previous deputies.

 

The statement read, “Dr. Olayemi Michael Cardoso, recently nominated by President Bola Ahmed Tinubu, has on Friday, September 22, 2023, formally assumed duty, in an acting capacity, as the Governor of the Central Bank of Nigeria, pending his confirmation by the Senate. This follows the resignation of Mr Godwin Emefiele as Governor of the CBN.

 

“Similarly, the Deputy-Governors-Designate have also assumed duty, in acting capacities, sequel to the formal resignation of Mr. Folashodun Shonubi, Mrs. Aishah Ahmad, Mr. Edward Adamu, and Dr. Kingsley Obiora as Deputy Governors of the CBN.”

 

The deputy-governors-designate are Emem Usoro, Muhammad Abdullahi-Dattijo, Philip Ikeazor, and Bala Bello.

 

The statement said Dr. Cardoso and his colleagues subscribed to the relevant oaths of office at a brief ceremony held at the Bank’s Head Office in Abuja on Friday, September 2023.

 

It further said that they have since settled down to the task of administering monetary and financial sector policies of the Federal Government.

 

The Senate spokesperson and the Chairman, the Senate Committee on Media and Publicity, Yemi Adaramodu, had earlier told journalists that the Senate would screen the governor and other executives of the CBN as soon as it gets an Executive Communication to that effect upon its resumption from its annual recess.

 

It was also gathered that the Central Bank of Nigeria postponed the Monetary Policy Committee’s 293rd meeting, which was scheduled for Monday and Tuesday, September 25 and 26, 2023.


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